Bulog is trapped in debt of Rp. 13 trillion

Bulog is trapped in debt of Rp. 13 trillion

Jakarta, CNN Indonesia — President Director of Public Company (Perum) Bulog Budi Waseso revealed that his company was entangled debt worth IDR 13 trillion. The debt was triggered by the procurement of government rice reserves (CBP) which reached 1.2 million tons. Buwas, as he is familiarly called, said that the rice reserves were stocks until … Read more

Krakatau Steel Pays IDR 2.7 T of Debt, Where Does the Money Come From?

Krakatau Steel Pays IDR 2.7 T of Debt, Where Does the Money Come From?

Jakarta – PT Krakatau Steel (Persero) Tbk has fulfilled its debt settlement obligations of Tranche B of Rp 2.7 trillion. That way, the company was able to complete the Working Capital Bridging Loan (WCBL) facility of US$ 200 million to three state-owned banks, namely PT Bank Mandiri (Persero) Tbk, PT Bank Rakyat Indonesia (Persero) Tbk … Read more

Don’t Miss This Dhikr Every Day, Debts Are Settled Quickly To Eliminate Difficulties Says Sheikh Ali Jaber

Don’t Miss This Dhikr Every Day, Debts Are Settled Quickly To Eliminate Difficulties Says Sheikh Ali Jaber

PortalJember.com – deceased Syekh Ali Jaber on an occasion once delivered a reading Pray mild which is the cause debt pay off quickly. according to Syekh Ali Jaber, when Pray this is said every day on a regular basis then God will give more than 100 benefits including eliminating hardship. Not only that, reading Pray … Read more

Debt Breaks Rp 140 T, Garuda Submits Peaceful Proposal!

Debt Breaks Rp 140 T, Garuda Submits Peaceful Proposal!

Jakarta, CNBC Indonesia – The management of PT Garuda Indonesia Tbk (GIAA) is preparing a reconciliation proposal for creditors and lessors in the process of Postponing Debt Payment Obligations (PKPU). Options for settlement of this debt have also been prepared, ranging from bonds to issuance of new shares. In the presentation material delivered by the … Read more

Another BUMN with a Mountain of Debt, Barata Indonesia!

Another BUMN with a Mountain of Debt, Barata Indonesia!

Jakarta, CNBC Indonesia – Debt entanglement in state-owned companies is still happening, this time PT Barata Indonesia (Persero) which has a high debt value and has just escaped from the bondage of Delayed Debt Payment Obligations (PKPU). In the material presented at the Working Meeting of the Working Committee on Restructuring and Restructuring SOEs regarding … Read more

Slowly! Sri Mulyani Removes Foreigners from Indonesian Debt Instruments

Slowly!  Sri Mulyani Removes Foreigners from Indonesian Debt Instruments

Jakarta, CNBC Indonesia – The Ministry of Finance, led by Sri Mulyani Indrawati, continues to try to reduce the foreign share in Indonesian debt securities ownership. This is good for Indonesia’s resilience in the future in the face of financial market turmoil. “That is indeed the government’s strategy on how to reduce our dependence in … Read more

President Director Opens Up About PT Angkasa Pura I In Debt of IDR 32.7 Trillion

President Director Opens Up About PT Angkasa Pura I In Debt of IDR 32.7 Trillion

TEMPO.CO, Jakarta – President Director PT Angkasa Pura I (Persero) Faik Fahmi has opened up about the debts that are wrapped around the company he leads. He explained that the company has debt to creditors and investors reach Rp 28 trillion as of November 2021. On the other hand, the company has other obligations to … Read more

Again! Chinese Property Giant Wants to Bankrupt, Difficult to Pay Debt

Again!  Chinese Property Giant Wants to Bankrupt, Difficult to Pay Debt

Jakarta, CNBC Indonesia – China’s property giant crisis continues. After China Evergrande, now the company Kaisa Group Holdings is also in danger of not being able to pay its debts and going bankrupt. The company listed on the Hong Kong stock exchange is said to be unlikely to meet the debt deadline target of US$ … Read more

Will infonavit credits rise after the 22% rise in the minimum wage?

Will infonavit credits rise after the 22% rise in the minimum wage?

After knowing that the minimum wage will increase 22% from next year, there is uncertainty about whether this will harm Mexican workers who pay an Infonavit credit, but fortunately it will not. According to the Institute of the National Housing Fund for Workers (Infonavit), a proportional increase will not be applied in the credits denominated … Read more